What You Can Do Right Now To Prepare for Homeownership As rent prices continue to soar, many renters want to know what they can do to get ready to buy their first home. According to recent data from ApartmentList.com: “The first half of 2021 has seen the fastest growth in rent prices since the start of our estimates in 2017. Our national rent index has increased by 11.4 percent since January Continue Reading about What You Can Do Right Now To Prepare for Homeownership
Homeownership
The Difference in Net Worth Between Homeowners and Renters Is Widening
The Difference in Net Worth Between Homeowners and Renters Is Widening Becoming financially secure is an important goal for many people today, but some don’t realize just how much homeownership can help them achieve that dream. A recent report, The Journey Toward Financial Freedom, surveys Americans about their perspective on financial wellness and their goals. It shows there may be a Continue Reading about The Difference in Net Worth Between Homeowners and Renters Is Widening
More Young People Are Buying Homes
More Young People Are Buying Homes Is it true that more young are people buying homes right now? There’s a common misconception that younger generations aren’t interested in homeownership. Many people point to the fact that millennials put off purchasing their first home as a reason for this belief. Odeta Kushi, Deputy Chief Economist for First American, explains why millennials have put off Continue Reading about More Young People Are Buying Homes
A Look at Home Price Appreciation Through 2025
A Look at Home Price Appreciation Through 2025 Home prices have increased significantly over the last year, which in turn has grown the net worth of homeowners. Home price appreciation and home equity are directly linked – as the value of a home increases, so does a homeowner’s equity. And with these recent gains, homeowners are witnessing their financial stability and well-being grow Continue Reading about A Look at Home Price Appreciation Through 2025
Wealth Increases Through Growing Home Equity This Year
Homeowner Wealth Increases Through Growing Equity This Year Building financial wealth and stability remains one of the top reasons Americans choose to own a home, and as a homeowner, your wealth often grows without you even realizing it, through home equity. In a recent paper published by the Urban Institute, Home Ownership is Affordable Housing, author Mike Loftin illustrates how homeowners Continue Reading about Wealth Increases Through Growing Home Equity This Year